Overpaying On Your Hot Dog Vendor Sales Taxes? You’re not alone… most vendors do overpay because of this very common mistake. In the video below I’ll help you to never overpay plus offer some tips: Why are there 2 types of tax id’s? The big mistake that’s costing you money How to do it the right way […]
taxes
How to Save Thousands on Your Cart Under Section 179
You Could save Thousands on Your Cart Hey, folks! If you’re considering buying a hot dog cart or catering trailer, now is the time! Besides the big year end clearance sale going on, you can take advantage of a tax law to deduct a portion of the cost, resulting in even more money saved! If […]
Part 8 A to Z Hot Dog Vendor Training – Setting Up Your Legal Business Identity
Need help setting up your business identity? Part of starting your street food business is setting up your business as a legal entity. In part 8 we will discuss sole proprietorships, corporate identities like INC and LLCs. I will give my personal opinions as I am not an accountant or tax adviser but you will […]
HDVR 45 – How To Collect Sales Tax On Your Hot Dog Cart
EIN, FEIN, FED ID, SALES TAX ID, RESALE ID – HOT DOG VENDOR TRAINING What a mess, first show of the new year and my brain wasn’t in gear. I forgot to turn on the recorder so the first 8 or so minutes is gone. But have no fear. Let me tell you what you […]
Simplifying Sales Tax
Some hot dog vendors work multiple jurisdictions, e.g. different counties or cities. Each jurisdiction may have a different sales tax rate. In my county, we have 7% state sales tax and 2.75% local tax. This is a whooping 9.75% sales tax. Each month, I must fill out a sales and use tax form for the […]